San Jose, CA · Cert 22894
FDIC
Q1 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2003, the quarter ended March 31, 2003, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
San Jose, CA · Cert 22894
FDIC
Q1 2003
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.65% | 2.02% | 1.60% | 0.63% | 0.37% | 0.34% | 0.50% | -0.07% | -70 bps | |
| Return on Equity | n/a | n/a | n/a | 7.32% | 4.39% | 4.23% | 6.55% | -1.10% | -842 bps | |
| Net Interest Margin | 4.91% | 4.82% | 4.45% | 4.18% | 4.14% | 3.68% | 3.24% | 3.01% | -117 bps | |
| Efficiency Ratio | 47.51% | 65.55% | 65.78% | 54.58% | 51.96% | 50.34% | 51.82% | 63.25% | +866 bps | |
| Non-Interest Burden | 1.78% | 2.54% | 2.41% | 1.83% | 1.55% | 1.29% | 1.22% | 1.58% | -25 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 16.62% | 161.75% | 158.11% | 152.06% | 160.90% | 29.37% | 31.91% | 40.71% | -11,135 bps | |
| Loan Growth (YoY) | 16.26% | 96.88% | 87.85% | 77.27% | 73.74% | 0.06% | 0.37% | 5.81% | -7,146 bps | |
| Deposit Growth (YoY) | 14.58% | 173.79% | 163.80% | 176.78% | 181.63% | 34.94% | 36.43% | 45.10% | -13,169 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.29% | 0.39% | 0.50% | 0.85% | 1.57% | 1.87% | 1.68% | 1.46% | +61 bps | |
| Allowance / Loans | 1.85% | 1.94% | 1.88% | 2.15% | 2.55% | 2.80% | 2.76% | 3.06% | +91 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 10.71% | 11.74% | 11.96% | 11.67% | 11.61% | 11.37% | 11.16% | 10.92% | -75 bps | |
| Equity / Assets | 11.10% | 9.02% | 8.86% | 8.32% | 8.05% | 6.92% | 6.60% | 6.21% | -212 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 97.72% | 68.79% | 65.47% | 63.21% | 60.28% | 51.01% | 48.17% | 46.09% | -1,711 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |